The Futurum Group's Statement on Israel

HP and Samsung See Fastest Growth in Q1 as US PC Shipments Explode

The News: HP led the way as the PC market in the United States grew 73% year on year in Q1 2021, with total shipments of desktops, notebooks, tablets and workstations exceeding 34 million units. Notebooks and tablets led the way with impressive growth, while desktops lagged amid weak demand during the pandemic. Read the full news release from Canalys.

Canalys Q1 2021 PC sales by vendor.

Analyst Take: The momentum for PC’s continued into Q1 2021 with HP and Samsung leading growth, both coming in over 100% on an annualized basis.

The report looks across the board at workstations, notebooks, desktops, and tablets. Notebooks led this quarter with a growth of over 130%. Tablets saw a more modest 51% on ~11 million units. Notebooks leading growth in this period shouldn’t come as a surprise given the pandemic’s impact on remote work and learning.

HP and Samsung Had Big Q1 on Strong Chromebook Numbers

The sentiment of the PC’s demise continues to be disproven with such robust numbers. However, this quarter’s strength came in Chromebooks, which saw the most considerable growth as education required volumes of Chromebook purchases to refresh and support student requirements. Overall, Chromebook sales were up 548% on an annualized basis. Samsung saw growth of almost 2,000%, and HP, Asus, and Lenovo all came in over 900%. The Chromebook growth is noteworthy because of its significant contribution to volume at the low end.

Apple and Dell saw much more modest growth if 35.7% and 29.2% are to be considered modest. Based on the 70+% overall growth, these numbers are slower, but the results shouldn’t surprise anyone reviewing the data. Apple tends to slow in Q1 based upon the holiday cycle. While it has Chromebooks, Dell tends not to chase the low end as aggressively as some of the other names. However, Apple and Dell’s lower annual growth rates did materially reduce overall market share YoY, with Apple seeing the most significant drop at 5.5%. Again, the overall volume included a high volume of low-end devices. Apple likely concerns itself with mid and high-tier devices.

Overall, the momentum for the PC market remains strong, with remote and hybrid work fueling further demand driven by the pandemic.

There is little to indicate a short-term slowdown in the PC market. I would like to see more strength in non-cyclical PC volumes like higher-end notebooks and workstations, as this is a strong indicator of economic pickup. However, the overall growth and shipment data are encouraging, especially with the ongoing semiconductor shortage. I expect Q2 to continue to show strength in PC volume.

Futurum Research provides industry research and analysis. These columns are for educational purposes only and should not be considered in any way investment advice.

Other insights from Futurum Research:

Marvell’s Q1 Earnings Results Are, Well, Pretty Marvelous, In Spite of Everything

Qualcomm, Nokia and UScellular’s Extended Range 5G World Record – Futurum Tech Podcast Interview Series

Honeywell Announces Plan to Become Carbon Neutral by 2035

Image Credit: Canalys

Author Information

Daniel is the CEO of The Futurum Group. Living his life at the intersection of people and technology, Daniel works with the world’s largest technology brands exploring Digital Transformation and how it is influencing the enterprise.

From the leading edge of AI to global technology policy, Daniel makes the connections between business, people and tech that are required for companies to benefit most from their technology investments. Daniel is a top 5 globally ranked industry analyst and his ideas are regularly cited or shared in television appearances by CNBC, Bloomberg, Wall Street Journal and hundreds of other sites around the world.

A 7x Best-Selling Author including his most recent book “Human/Machine.” Daniel is also a Forbes and MarketWatch (Dow Jones) contributor.

An MBA and Former Graduate Adjunct Faculty, Daniel is an Austin Texas transplant after 40 years in Chicago. His speaking takes him around the world each year as he shares his vision of the role technology will play in our future.


Latest Insights:

On this episode of The Six Five – On The Road, hosts Daniel Newman and Patrick Moorhead welcome Emily Shea and Nick Smit at AWS to discuss Event-Driven Architecture and the role of application integration in modernization.
On this episode of The Six Five – On The Road, hosts Daniel Newman and Patrick Moorhead welcome Rob Miller, GreenLake Cloud Services Sales for HPE, for a conversation on HPE’s robust partnership with AWS and HPE’s hybrid by design strategy.
VAST Enhances Its Data Platform with the Release of Version 5.0
Mitch Lewis, Research Analyst at The Futurum Group, shares his insights on VAST Data’s version 5.0 announcement.
ServiceNow and AWS Agreement Enables ServiceNow’s Solutions to be Available in the AWS Marketplace
Keith Kirkpatrick, Research Director at The Futurum Group, covers the agreement between ServiceNow and AWS to collaborate on domain-specific generative AI solutions and make ServiceNow’s offerings available in the AWS marketplace.